The 7-2 vote for the rate move, the Fed’s third this year, raises the benchmark lending rate by a quarter percentage point to a target range of 1.25 percent to 1.5 percent.
The start of December wasn’t short of geopolitical grist, either.
Informa’s chief macro strategist weighs in on what’s to come.
It may not be a bull market any longer for bonds, but it sure is for geriatrics!
It may be a couple of years before we see major changes.
The founder of Vanguard Group thinks a conservative portfolio of bonds will only return about 3 percent a year over the next decade, and stocks won’t do much better.
Wall Street is divided on the outlook for rates and inflation.
With interest rates so low, there is less "insurance" should crises arise, Bill Gross writes in his last investment outlook of the year.
Investors are going to get tired of earning little-to-nothing on their cash, Rob Kapito says.
Flows say investors see the glass half full next year.